"Clearly, they expect something in return": The corporate costs of inaugurating Trump
SalonIt's not new for big businesses and wealthy individuals to contribute to a president's inauguration festivities. Apple CEO Tim Cook, who's giving $1 million, "believes the inauguration is a great American tradition, and is donating to the inauguration in the spirit of unity," sources close to him told Axios. The president-elect attacked Big Tech throughout much of his first term; after Facebook and Twitter banned him from their platforms following the Capitol attack, Trump called it "a horrible thing for our country." Brendan Carr, formerly the top Republican at the FCC, vowed to “dismantle the censorship cartel” as the agency’s new leader in a post on X. Andrew Ferguson, a former FTC commissioner chosen by Trump to lead the agency, made a similar post: "At the FTC, we will end Big Tech’s vendetta against competition and free speech." But Trump's $107 million inauguration in 2017 “set a new standard for big donations from supportive corporations and individuals, and those who hope to get benefits from government,” Lichtman told Salon.